|XAUUSD Short Structure|
|Wed, 23 Aug 2017 15:04:43 -0500|
Short Gold 4 to 5, RSI H&S, TDI High, Resistance
|GOLD / Dashboard|
|Wed, 23 Aug 2017 13:20:17 -0500|
Previous Idea: https://www.tradingview.com/chart/XAUUSD/3FwIuNyq-GOLD/ Updates confuse you so I'll break it down here. We reached 1290 like anticipated and that meant we will break 1287. Break of 1287 gives a signal to reach 1293. Then we test back 1287, and after that, we go up to reach 1293. So we tested back 1287 and now Gold is heading up again to reach 1293. 1293 is not an intraday signal so it does not matter today or tomorrow it is reached. As well as Gold has given signal days before to reach 1296, and that again means that 1293 will be broken and breaking of 1293 gives a signal to 1302. Since 1282 and 1280 could not be broken to give a sign/signal about downward movement there are no Signals to the downside so Gold can continue to Bull. So one more time! I will now write slowly so you understand better. Days before we break 1292 giving a signal to reach 1296 Today we had to reach 1290 and that meant 1287 will be broken. The Breaking of 1287 gave a signal to reach 1293. Then we pull back to 1287 and now head up to reach 1293 ( £££ ) But since 1292 was broken giving a signal to reach 1296 that means if Gold goes up to reach 1296 it will break 1293. So it again gives a new signal to reach 1302 if 1293 is broken. In other words in near days watch for 1293 then 1296 and then 1302 ( 1307 ) Other than that Downside signals are given after break of 1280. Gold can as well Break 1280 leave downside signals for later then back up to reach upside signals. Or it can break 1280 go down and reach upside signals later on! Dream Setup for those hedging. For now, there are no Downside Signals yet.
|Wed, 23 Aug 2017 11:33:54 -0500|
|Wed, 23 Aug 2017 09:40:46 -0500|
|Gold/Euro Continuation Pattern|
|Wed, 23 Aug 2017 09:10:17 -0500|
My favorite opportunity at the moment and has bumped another trade I really love, EUR/AUD, down to #2 on my list. Price appears to be forming a tidy bear flag on the quarterly/monthly. A break to the downside out of this pattern could easily lead to a retest of the flag bottom at the very least and potentially even the 1980 low which sits right next to the fibonacci levels and monthly 200ma. Check out the full analysis on my site @ patstrades.com!
|Wed, 23 Aug 2017 04:26:59 -0500|
|XAUUSD Long Trade|
|Wed, 23 Aug 2017 02:13:28 -0500|
Looks like Gold is bouncing back for the second time since my initial entry. Time to add up
|XAUUSD - SHORT|
|Wed, 23 Aug 2017 01:39:26 -0500|
refer to the chart above cheers
|XAUUSD inside day, a better short than the long case.|
|Tue, 22 Aug 2017 23:15:32 -0500|
XAUUSD has an inside day after an important shooting star, if it's able to break to the upside, it means the uptrend remains intact. While there will be a bearish Gartley pattern in 4hr chart with a potential short entry @ 1297, so even if if it's able to break to the upside, to long this inside day means we can only get the 1:1 1st kick above 1300 level, which is not really a good idea. On the other hand, if it's able to break to the downside, it can easily break 1280 as the short selling continuation, and I think it's a better trade as the 21ema is still @ 1273, so we can put the 1st kick bid around 1273 to play the price correction, although it's still less than 1:1, we can turn to smaller time frame to look for a better entry and better out.
|XAUUSD: short it for d of a harmonic pattern|
|Tue, 22 Aug 2017 22:31:01 -0500|
XAUUSD: short it for d of a harmonic pattern
|Gold. This could be a wave 2 dip.|
|Tue, 22 Aug 2017 21:21:42 -0500|
Gold finished an ascending triangle, which is likely to the minor wave 1 inside a higher degree wave 3. The upcoming dip could be the minor wave 2 for a buy setup. Play short side for now.
|Simple as that|
|Tue, 22 Aug 2017 19:15:44 -0500|
What a pattern, don't think too much.